Review of the Fx Range Breaker EA
|EA Name||Currency Pairs||Timeframe||Strategy||ECN||4&5 Digits||Take Profit||Stop Loss||Home Page|
|Fx Range Breaker||GBPUSD, GBPJPY, GBPCHF||D1||Breakout||Yes||Yes||20-30||40-60||Fx Range Breaker Website|
$499 for the EA. There doesn’t appear to be any limitation as to how many accounts it can be used on.
In the above Graph which is Daily GBPUSD graph, you can see more or less everyday price breaks from previous days highs or lows
To name a few all the breaks with ? on them are false breaks and you could have been ended up in loss if you opened a position just after a breakout.
All the breaks with ? on them are genuine breakouts and your could have earned some money
This method of entering soon after every breakout at anytime is very an inconsistent method and not suitable for trading
To prevent this a bunch of indicators have been installed in Fx Range Breaker, which has to be satisfied before it enters a trade after a breakout occurs.
By having these indicators, you can maximize the profit or good trades and minimize the losses
Fx Range Breaker is not a holy grail, and not a no loss robot but a robot which makes more profits than loss , so you get a Gross profit
Interesting expert advisor to say the least. This one doesn’t have the hype or big e-mail blasts to back it, but it seems to be going viral naturally which is always a good sign. I will update this final conclusion on Fx Range Breaker when I get some more results from it.